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  • Hey did you hear my dad became an Accountant?
  • No way dude! Thats Epic
  • Well first off my dad looks at every transaction that his business makes.
  • What does an accountant even do?
  • He also creates an Income statement  to see if his company had a Net Income or Net loss
  • Oh thats Epic
  • My dad also creates a Balance sheet to make sure that the companys spending is equal.
  • When he does the Balance sheet he uses the Accounting equation of Assets= Liabilities+ Owners equity
  • Yes he does
  • Wow i guess your dad has an important job!
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